In a recent interview, Akshat Gupta, a seasoned trader with FundedNext, shared valuable insights into his successful strategies.
In a recent interview, Akshat Gupta, a seasoned trader with FundedNext, shared valuable insights into his successful strategies.
In a recent interview, Akshat Gupta, a seasoned trader with FundedNext, shared valuable insights into his successful Forex trading strategies and journey in the financial markets.
Based in Delhi, India, Akshat Gupta began his trading career in the Indian stock market before transitioning to Forex trading over a year ago. His introduction to Forex trading came through a friend’s recommendation to explore trading gold in Forex markets. This sparked his interest and marked the beginning of his Forex journey.
“Pivot points are crucial in canceling out market noise,” Gupta explained, demonstrating how he uses weekly pivot ranges to identify key support and resistance levels in his trading decisions. His approach combines technical analysis with careful observation of price action, adjusting his trading timeframe based on market conditions.
Discussing his experience with FundedNext, Gupta praised the platform for its robust trading environment and supportive customer service. He highlighted the platform’s reliability in handling market challenges and facilitating smooth trading operations, which he credits as a significant factor in his consistent performance.
When asked about advice for struggling traders, Gupta emphasized the importance of avoiding social media hype and instead focusing on reliable trading literature like “Market Wizards” by Jack D. Schwager and “Trading in the Zone” by Mark Douglas. He stressed the need to manage emotions and maintain discipline to navigate the complexities of trading successfully.
Gupta also shared insights into his trading journey, including overcoming significant drawdowns and maintaining a disciplined approach to risk management. He noted that trading with a funded account offers psychological advantages and allows traders to mitigate financial risks effectively.
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